Property Overview: 132 Lisgar Avenue, North Point Douglas, Winnipeg
Key Characteristics & Appeal
This home at 132 Lisgar Avenue is a piece of Winnipeg’s history, built in 1883, offering character and a practical footprint in the North Point Douglas neighbourhood. With 1,121 square feet of living space, it sits right around the average size for both its immediate street and the broader area, providing a comfortable scale without being oversized. A standout feature is its 3,825 square foot lot, which is notably larger than most on Lisgar Avenue, presenting valuable outdoor space or future potential in a city where lot size often dictates opportunity.
The appeal here is grounded in value and authenticity. With a municipal assessed value of $134,000, it is positioned well below the Winnipeg city average, highlighting its accessibility. This isn’t a generic, modern build; it’s a home with a story, suited for a buyer who appreciates the texture of an older property and sees potential rather than perfection. It would particularly suit a first-time buyer, an investor looking for a character property with a solid lot size, or someone committed to the evolving North Point Douglas community who prefers a home with original roots over a new construction.
A thoughtful perspective: while its age (143 years) places it among the oldest in the city, that also means it has endured, suggesting solid bones and a tangible connection to the city’s past. Its value being so far below the city average isn’t just a discount—it reflects a different market reality, offering a distinct entry point into homeownership.
Frequently Asked Questions
1. What does the assessed value tell me about the property tax?
The municipal assessed value of $134,000 is used to calculate your property taxes. While not a direct predictor of sale price, a lower assessment generally correlates with more manageable annual tax bills compared to newer or more extensively renovated homes in the city.
2. How significant is the larger lot size?
At 3,825 sq. ft., the lot is above average for the street. This is a practical advantage, offering more yard space, better potential for gardening, parking, or additions, and often contributes to a greater sense of privacy in an urban setting.
3. What should I consider with a home built in 1883?
A home of this age will have character but requires a keen eye. Prospective buyers should prioritize a thorough inspection focusing on foundational integrity, updates to electrical and plumbing systems, roof condition, and energy efficiency. Modern comforts may have been added over time, but the core structure is from a different era of building.
4. How does the sold price history from 2016 help?
The property sold between $100,000-$150,000 in late 2016. This provides a historical benchmark, showing market activity from that period. For a current valuation, this should be considered alongside more recent sales in the area and the home’s present condition.
5. Where can I get verified sale price data for this area?
The provided data is compiled from public sources, not the MLS. For fully verified sales histories and exact figures, you must request a manual lookup from the site, which they provide via email without using your information for marketing.